Midtown East Office Space for Lease

Beautiful office for lease on 40th Street / Modern installation in Move-in condition - fully outfitted commercial space ready for any business need; currently it includes 8 perimeter windowed private offices, a central core open work area (columnless), conference room, pantry area (with stainless steel appliances), and two restrooms. The newly renovated unit comes with new carpets and finished ceilings. The open work area can accommodate anywhere from 20 to 30 workstations (rectangular space) - complete with ports for voice & data to the I.T. closet. Acquisition of furniture and phone system negotiable.

This is the one of Manhattan's most desirable locations, right close by Grand Central Terminal. Great for tech, Internet company, architect or any creative use. To schedule a viewing call today.

Neighoborhood Information
Midtown Manhattan, or simply Midtown, represents the middle lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city's most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations.

Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world.

Even as some buildings in the core of Midtown are seeing modest rents, the average asking rent for the market overall rose substantially. In Midtown, the city's premier office market, the average taking rent inked with landlords was $75.73 per square foot. Taking rents are increasing as the high end of the market improves, drawing the overall averages upward, but in older buildings in some areas, rents have stalled. Grand Central and the East Side, they are flat year-over-year. Grand Central [for example] tends to be a value play. The availability rate is up slightly in Midtown due to large new availabilities along the Third Avenue and Park Avenue corridors...